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21 The charter of a corporation provides for the issuance of 97,138 shares of common stock. Assume that 44,356 shares were originally issued and 3,652

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21

The charter of a corporation provides for the issuance of 97,138 shares of common stock. Assume that 44,356 shares were originally issued and 3,652 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared? a. $44,356 b. $97,138 c. $81,408 d. $3,652

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